Pirates seize 7 ships in 12 days, latest from Iran Somali pirates are demanding a ransom for the Saudi supertanker MV Sirius Star, even as yet another carrier - this time an Iranian cargo liner - was seized by pirates.
Piracy driving ships to take Cape route, avoid Suez More of the world's big shipping firms are quietly diverting their fleets via South Africa's Cape of Good Hope instead of risking Somali pirates in the Gulf of Aden, a senior industry executive said on Tuesday.
Indian warship scores one against pirates An Indian warship deployed in the Gulf of Aden fought Somali pirates and destroyed their vessel after a brief battle, the navy said here yesterday.
Baltic Dry Index rises on demand for smaller ships
NOL laying off 1,000 workers SINGAPORE'S government-owned Neptune Orient Lines is axing more than 1,000 people worldwide in response to the global financial pinch
Norden tankers post record profits DENMARK's Norden has enjoyed record earnings in its tanker division for the first nine months of this year despite the credit crunch
Grain gain from Black Sea GRAIN volumes from Black Sea countries will rise as Ukraine, Russia and Kazakhstan increase their acreage of cultivatable land and enhance production methods, a Geneva conference heard today
Early in the jailhouse WHAT DO you do with a drunken sailor? Sentence him to two months in jail if, like Captain Gonchar Volodymyr, you are found to be 23 micrograms over the alcohol limit after boarding a Germany-bound chemical tanker
Polish regime accused on yards A POLITICAL row was intensifying today in Poland over its troubled shipyards after MPs from the PiS party accused the SLD government of criminal negligence in its handling of the Szczecin yard
Bumping along the bottom CAPSIZE market reports are suggesting that 100 such bulkers are idle, and certainly the rates suggest that
Food and water delivered to Faina FRESH food, water and fuel was delivered today to the hijacked Ukrainian ro-ro Faina, to feed the crew and maintain the ship for the next two weeks, Ukraine's foreign ministry said
Transatlantic posts record figures for offshore venture TransViking, 50/50-owned by Transatlantic in Sk'rhamn, Sweden, and Viking Supply Ships AS in Kristiansand, secured day rates exceeding GBP 200,000 in a number of offshore assignments during October and a high utilization of the vessels. As a result ...
Indian Navy sinks pirate mother ship The Indian Navy reports that it has sunk a pirate mother ship in the Gulf of Aden. The Indian frigate INS Tabar sighted the vessel and spotted several armed men, some with grenade launchers, on the deck. According to the ...
Cement carrier sinking in the Oslo Fjord The Norwegian-owned, Bahamas-flagged 4,556-DWT cement carrier Crete Cement, built 2002, is sinking after having grounding off Fagerstrand in the Oslo Fjord. The pilot-assisted vessel grounded, managed to re-float but the flooding was extensive and the ...
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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